A new report required by law under the Helping Families Save Their Homes Act of 2009, a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act, showed that the majority of loans are current, and foreclosures remain below levels recorded before the pandemic.
Read More »Non-Qualified Mortgages: Then and Now
An expert looked into the extent to which the characteristics of non-qualified mortgages have changed since CFPB issued regulations to provide safer and more sustainable home loans for consumers. Here’s what she had to say.
Read More »Crapo Puts Housing Finance Reform Front & Center
The Senate Banking Committee has legislation related to the conservatorship of Fannie Mae and Freddie Mac at the top of its agenda. Here’s why.
Read More »Quarles: “Lending Growth, Fewer Nonperforming Loans”
Here’s what Randal Quarles, Vice Chairman of the Fed had to say about the Board’s progress on the Dodd-Frank Reforms Act’s implementation during his semiannual testimony.
Read More »BCFP and FHFA Make History
The Bureau of Consumer Financial Protection and Federal Housing Finance Agency are providing loan origination data never before released … click here to learn more.
Read More »Citadel Launches New Product
Citadel's Outside Dodd-Frank Plus Program builds on the company’s highly successful Outside Dodd-Frank Program to offer loans on properties up to 35 units.
Read More »BCFP’s Agenda for Easing Lender Laws
In May, President Trump signed an act easing certain restrictions set in place by Dodd-Frank. Find out here how the Bureau of Consumer Financial Protection plans to follow through as it pertains to the housing market.
Read More »Dodd and Frank Discuss Legislation Enforcement
In a recent interview, Chris Dodd and Barney Frank sat down to discuss the evolution of their act which bears their names. See what Dodd and Frank have to say about their Act, eight years later.
Read More »BCFP Issues Advisory on HMDA Exceptions
The guidelines issued by BCFP advise small banks and credit unions on the partial exemptions available to them under the HMDA rules of the amended Dodd-Frank Act. Here are the details.
Read More »Keeping Up With Customer Demographics
Creating a diverse customer base starts by looking at your company culture and community outreach strategies. Editor's note: This feature originally appeared in the June issue of MReport, out now.
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